Tesla rolled out a new attendance policy for all U.S.-based hourly employees on July 1st, according to documentation shared with CNBC. The policy spells out specific penalties for lapses in attendance, and Tesla says it is meant to make it fairer — for instance, employees who are 10 minutes late won’t be penalized as harshly […]
Read moreElon Musk has been under intense pressure to ramp up production of Tesla vehicles after a series of delays. Tesla recently managed to meet its production quota for its Model 3 cars, but now the billionaire CEO is being criticized for reportedly pushing his staff to the limit to hit those goals. However, Musk argues […]
Read moreRepresentatives from Facebook, Twitter and Google parent company Alphabet will testify at a House Judiciary Committee hearing on social media filtering, the committee announced on Friday. The July 17 meeting will address concerns about transparency and bias in content filtering, as well as examine the role of competition law, to prevent anti-competitive filtering practices. Companies […]
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Huge sums of investor cash have poured into exchange-traded funds during this past year (and during the whole bull market) with billions of dollars sitting passively in funds betting on the very largest U.S. stocks. But new research suggests this money is betting on funds with a methodology that might not offer the best returns […]
Read moreCount former U.S. Labor Secretary Robert B. Reich as the latest notable figure who thinks universal basic income will eventually become a reality. Reich, who oversaw policy regarding the nation’s workforce when he served as Secretary of Labor under President Bill Clinton, says he thinks the rise of automated jobs could mean the United States […]
Read moreNetworking company stocks fell off Friday following a report by The Information that Amazon Web Services is considering selling its own network switching devices. Cisco dropped 5 percent, representing a loss in stock value of roughly $11 billion. Juniper gave up more than 3 percent. Arista Networks dropped nearly 6 percent, and F5 Networks dropped […]
Read moreMicrosoft's president says the government needs to step up regulation of face recognition technology
Amid increasing scrutiny around the government’s use of artificial intelligence software, Microsoft said on Friday that it wants to see more regulation, specifically regarding technology that recognizes faces. “If there are concerns about how a technology will be deployed more broadly across society, the only way to regulate this broad use is for the government […]
Read moreAs part of its mission to “bring the world closer together,” Facebook is trying to increase diversity in its ranks. But while it’s made great strides in hiring more women, the company admits it has not been hiring enough black and Hispanic employees in leadership and technical positions. “You can build something that works, that […]
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You should add $600 for dark-finish wheels to help make your ATS-V visually distinct from the lower-trim ATS models on dealer lots. $2,000 more gets you the automatic transmission, which is probably what most buyers want in the premium sports sedan market. The awesome Recaro performance seats seem worth the $2,300 up-charge, especially if you […]
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Netflix may have surged 110 percent so far this year, but World Wrestling Entertainment (WWE) has been giving the streaming giant a run for its money and market watchers believe the stock will continue to clean house. Shares of WWE rallied 3 percent Friday as Morgan Stanley raised its price target on the stock to […]
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